MakingChange Receives Grant from Foundation for Financial Planning

MakingChange, a Howard County nonprofit which develops and delivers financial education programs, has been awarded a $25,000 from the Foundation for Financial Planning.

The Foundation for Financial Planning is devoted to providing pro bono financial planning to the underserved, primarily by providing grants to connect those in need of financial guidance with financial planning professionals.

MakingChange provides group seminars and personal coaching to teach people to manage their money and change their lives. Its programs are offered in schools, human service agencies and businesses. It currently hosts seminars attended by approximately 350 people per year and meets with approximately 65 clients for personal financial coaching.

The Foundation for Financial Planning grant will help fund the “Planning Makes Cent$” financial coaching program, utilizing the services of 15 pro bono Certified Financial Planners in partnership with The Financial Planning Association of Maryland.

“MakingChange is looking forward to partnering with the FPA of Maryland to connect our clients with pro bono financial planners to help with their financial concerns,” according to Mike Couch, MakingChange’s Executive Director.

The program will target 100 clients and a minimum of three sessions per client. In addition, monthly financial educations seminars will reach another 400 attendees. The grant funding will cover administrative and training expenses.

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